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Saint-leonard Dormitories for Sale

8850-8856 Ravel Rue

Saint-leonard, QC H1P 3C9

Multifamily for Sale
$1,799,000 CAD
8,468 SF

Saint-leonard Multifamily for Sale - Est-de-l’Île

8850-8856 Rue Ravel presents an opportunity to acquire a five-unit multifamily asset in Montréal's Saint-Léonard borough. The property consists of five residential units, including a large primary unit with three bedrooms, two bathrooms, and one powder room, creating flexibility for either an owner-occupant or an investor seeking stable rental income. The building features a brick exterior with integrated garage parking and additional driveway parking. The asset generates potential gross annual revenue of $85,860 and benefits from a residential neighborhood characterized by established housing, neighborhood services, schools, parks, healthcare facilities, and public transportation connections. Its location offers convenient access to major roadways and is reported to be near the REM network, supporting connectivity throughout the Greater Montréal region. Saint-Léonard remains one of Montréal's largest residential boroughs, with a substantial renter population and a housing stock largely composed of multifamily properties. The property's position within an established urban environment supports long-term rental demand while offering investors exposure to a mature Montréal submarket. For owner-users, the oversized main residence provides the opportunity to occupy the property while benefiting from income generated by the remaining units. Built in 1978, the semi-detached building includes five residential units, municipal services, a finished basement, integrated garage parking, and paved driveway access. The combination of income generation, residential density, transportation access, and neighborhood amenities contributes to the property's appeal as both an investment and owner-occupant opportunity.